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he had no defense. his only defense was i made free enterprise. he suddenly became the opposite of what ronald reagan was to those reagan democrats. rightly or wrongly those reagan democrats thought romney had understood them, had come from a family a lot like theirs and cared about them. it's okay to be rich. it's not okay to be the candidate of the rich, for the rich, by the rim. >> there are big moments in everybody's campaign. and romney's 47% remark may be his. and todd akin is at the center. ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on. stan's doctor recommended aleve. it can keep pain away all day with fewer pills than tylenol. this is rudy. who switched to aleve. and two pills for a day free of pain. ♪ [ female annou
he had no defense. his only defense was i made free enterprise. he suddenly became the opposite of what ronald reagan was to those reagan democrats. rightly or wrongly those reagan democrats thought romney had understood them, had come from a family a lot like theirs and cared about them. it's okay to be rich. it's not okay to be the candidate of the rich, for the rich, by the rim. >> there are big moments in everybody's campaign. and romney's 47% remark may be his. and todd akin is at...
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. >> did you ever have a defense attorney say to you when you're putting a bad guy in prison, you're not being ladylike there? you just did your job. this is not a hard one to decide and you're qualified to be a senator and proved this guy is not qualified for any position. thank you, claire mccaskill for joining us. an honor to have you on as always. >>> up next, stephen colbert tackles the latest desperate cry from the right that the polls showing president obama leading and mitt romney behind are unfair. well, we just had the fox poll that says obama is ahead by five. this is "hardball," the place for politics. [ female announcer ] they can be enlightening. hey, bro. or engaging. conversations help us learn and grow. at wells fargo, we believe you can never underestimate the power of a conversation. it's this exchange of ideas that helps you move ahead with confidence. so when the conversation turns to your financial goals... turn to us. if you need anything else, let me know. [ female announcer ] wells fargo. together we'll go far. scroll... tap... pinch... and zoom... in your ca
. >> did you ever have a defense attorney say to you when you're putting a bad guy in prison, you're not being ladylike there? you just did your job. this is not a hard one to decide and you're qualified to be a senator and proved this guy is not qualified for any position. thank you, claire mccaskill for joining us. an honor to have you on as always. >>> up next, stephen colbert tackles the latest desperate cry from the right that the polls showing president obama leading and...
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. >> did you ever have a defense attorney say to you when you're putting a bad guy in prison, you're not being ladylike there? you just did your job. this is not a hard one to decide and you're qualified to be a senator and proved this guy is not qualified for any position. thank you, claire mccaskill for joining us. an honor to have you on as always. >>> up next, stephen colbert tackles the latest desperate cry from the right that the polls showing president obama leading and mitt romney behind are unfair. well, we just had the fox poll that says obama is ahead by five. this is "hardball," the place for politics. ♪ you do ♪ something to me ♪ that nobody else could do stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there
. >> did you ever have a defense attorney say to you when you're putting a bad guy in prison, you're not being ladylike there? you just did your job. this is not a hard one to decide and you're qualified to be a senator and proved this guy is not qualified for any position. thank you, claire mccaskill for joining us. an honor to have you on as always. >>> up next, stephen colbert tackles the latest desperate cry from the right that the polls showing president obama leading and...
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Sep 28, 2012
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you do know that defense and veterans are two different -- at some point it shou be possible with 40 days left to say veterans have to be more than just an applause line. right? you n't just get to use em fophope decommissioned battleship you used as a backdrop when you introduced paul ryan inexplicably in front of a battleship, other time when you didn't mention the war. even iyore not willing to at wld btaking over, re veterans are not a hypothetical construct. the way they're treated is not an esoteric consequence of how we feel about them as a naon or how much military spending we have which is how mitt romney described it today. 40s oufrhect with the israeli prime minister drawing an actual redline on a wiley coyote acme style bomb at the united nations today when talking about iran. 40 days t with the surge in afghanistan looking like it did the opposite of what it was supposed t, 40 days out with "the new york times" reporting ti sitlegaidea is to have president romney rescind the ban on torture on his first day in office. that's their big idea. that will help. 40 days out fro
you do know that defense and veterans are two different -- at some point it shou be possible with 40 days left to say veterans have to be more than just an applause line. right? you n't just get to use em fophope decommissioned battleship you used as a backdrop when you introduced paul ryan inexplicably in front of a battleship, other time when you didn't mention the war. even iyore not willing to at wld btaking over, re veterans are not a hypothetical construct. the way they're treated is not...
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can you imagine if all bosstonians making statements had to be countered with that or the defense of the people shot in the boss thomton massacre. the yankees do not suck. they will be making the playoffs. the team under was boston red sox. >> bill fletcher? >> the extent to which the countries of the world will allow israeli prime minister netanyahu to distract everyone's attention to the worsening conditions of the palestinians and instead focus on whether he is going to pull the trigger and launch a catastrophic strike against iran. >> you are referring to netanyahu's speech before the united nations general assembly which he held up a much-mocked cartoon bomb and talked about iran. the deeper issue is that the focus on iran has conveniently meant that international focus particularly in the west and u.s. is not on the occupied territories. we don't pay attention to the west unless there is violence and what we are doing is producing extremely perverse incentives. if we don't pay attention when they are acting nonviolent, my thanks to gentleman mila con, joe wisen that you will, m
can you imagine if all bosstonians making statements had to be countered with that or the defense of the people shot in the boss thomton massacre. the yankees do not suck. they will be making the playoffs. the team under was boston red sox. >> bill fletcher? >> the extent to which the countries of the world will allow israeli prime minister netanyahu to distract everyone's attention to the worsening conditions of the palestinians and instead focus on whether he is going to pull the...
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i mean, even before that, when engine charlie wilson who eisenhower named to defense secretary, sd at's good for rsa, he was ridiculed because most people understood that what is good for the big corporation in terms of profits is not necessarily good for workers, even though at that time gm was unionized and engine charlie's words more likely e fact then than they are right now. the fact is fothe last 30 rporations do better and better and better and yet the median wage has gone absolutely nowhere, adjusted for inflation. most people are more insecure in terms of their jobs and their benefits are drying up. corporate profits should not necessarily come at the expense of workers but, in fac that is exactly what has happeneand e fwothin strategy is at the center of this strategy overall. >> harvest is a very interesting word that he used. it's kind of like lingo,ot a few years ago, you know, the term "out of the box." i remember back in the '80s when farming wasn't too bad and a certn player harveed so many d esbuness.g to go i the lingo was -- >> when you harvest, the question is, what
i mean, even before that, when engine charlie wilson who eisenhower named to defense secretary, sd at's good for rsa, he was ridiculed because most people understood that what is good for the big corporation in terms of profits is not necessarily good for workers, even though at that time gm was unionized and engine charlie's words more likely e fact then than they are right now. the fact is fothe last 30 rporations do better and better and better and yet the median wage has gone absolutely...
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in a briefing yesterday, secretary of defense leon panetta said he believes terrorists are responsible for the attacks, not protesters. >> i think pretty clearly it was a terrorist attack because a group of terrorists obviously conducted that attack on the consulate. and against our individuals. what terrorists were involved i think still remains to be determined by the investigation, but it clearly was a group of terrorists that conducted that attack against that facility. >> filmmaker behind that anti-muslim video that spurred some protests, particularly in egypt and across the muslim world is behind bars. he was arrested for violating probation yesterday, they looked into if he violated terms of release from prison when he made the film. he was in prison on bank fraud. prosecutors say he could go back to prison up to three years. >>> finally, billionaire financier george soros has given $1 million to priorities usa action, super pac helping obama. he is known to give to grass roots organizations that are part of what he calls a progressive infrastructure. he had been sitting on the
in a briefing yesterday, secretary of defense leon panetta said he believes terrorists are responsible for the attacks, not protesters. >> i think pretty clearly it was a terrorist attack because a group of terrorists obviously conducted that attack on the consulate. and against our individuals. what terrorists were involved i think still remains to be determined by the investigation, but it clearly was a group of terrorists that conducted that attack against that facility. >>...
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romney's best performances is when he caps a tough defense with a good line. like these against gingrich. >> i spent 25 years in business. if i had a business executive saying they wanted to spend a few hundred billion dollars to put a colony on the moon, i'd say you're fired. did you check your own investments? you also have investments in fannie mae and freddie mac. >> and romney is at his worst when forced to respond to a rebuttal when he's interrupted or when he feels rules have been violated. he saw it in the 2002 debates against shannon o'brien, in 1994 against kennedy and of course, in these primaries. >> mr. romney, the kennedys are not in public service to make money. we have paid too high a price in our commitment to the public service. >> senator kennedy, your question for mr. romney. >> mr. romney -- >> i'm sorry. was it my turn to respond. >> i was going to end it there. >> my suggestion about my comments in utah. let me complete it and you can ask me. >> do you have a problem with allowing someone to finish speaking and i suggest if you want to b
romney's best performances is when he caps a tough defense with a good line. like these against gingrich. >> i spent 25 years in business. if i had a business executive saying they wanted to spend a few hundred billion dollars to put a colony on the moon, i'd say you're fired. did you check your own investments? you also have investments in fannie mae and freddie mac. >> and romney is at his worst when forced to respond to a rebuttal when he's interrupted or when he feels rules have...
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but there's the very likelihood of the defense of marriage act coming before the supreme court. it's already been struck down by an appellate court in boston as unconstitutional. we may also get proposition 8, which has been struck down in california coming before the supreme court as well. we have possibility of huge gay marriage judicial issues as well. >> bara? >> we want to make sure that voters know they need to register to vote and registration deadlines are going to start closing this ten states on october 6th. then the 7th, 8th. 9th through october 16th. people need to get serious right now and make sure that you're registered to vote. if you have any questions call the lexapro tex hotline. that's 866-687-8683. >> we'll put that up on our website. what you should know is that the conventional wisdom that no one pays attention to the bottom of the presidential ticket is a little overstated. this week, we saw some interesting evidence that was actually featured on your show yesterday that seniors are beginning to move dramatically toward obama. there's a possibility that t
but there's the very likelihood of the defense of marriage act coming before the supreme court. it's already been struck down by an appellate court in boston as unconstitutional. we may also get proposition 8, which has been struck down in california coming before the supreme court as well. we have possibility of huge gay marriage judicial issues as well. >> bara? >> we want to make sure that voters know they need to register to vote and registration deadlines are going to start...
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specific, detailed policy questions and in fairness he gets a chance to put president obama on the defensive the but to sflan to the american people specifically what he wants. here's the unfortunate truth about this, chris. both presidential candidates, president obama and governor romney are smart individuals. this is going to be a very good debate, because both are policy wonks and they're not afraid to answer a detailed question. >> nera, this morning chuck todd said to be honest -- they're both smart men, but neither is a great debater. he thinks the vice presidential debate will be a lot more interesting. however, mitt romney has 20 primary debates under his belt and president obama has none this time around. if you look at history, the past four incumbent presidents have had a difficult time in the first debate. give me your take on this. >> the president has had numerous press conferences. obviously piece asked questions about policy and he has to answer them. he has to practice having sharper answers, because you have a limited amount of time. i do think, though, that governor romne
specific, detailed policy questions and in fairness he gets a chance to put president obama on the defensive the but to sflan to the american people specifically what he wants. here's the unfortunate truth about this, chris. both presidential candidates, president obama and governor romney are smart individuals. this is going to be a very good debate, because both are policy wonks and they're not afraid to answer a detailed question. >> nera, this morning chuck todd said to be honest --...
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. >> todd akin at it again, new comments from the senate candidate put the gop back on the defense. hello, everyone. i'm alex witt in for thomas roberts. we'll get into the akin impact. tick-tock with 35 days to go. a new round of polling shows president obama now leads in nine key battleground states that could decide the race for the white house. the president holding a razor-thin edge over romney in north carolina and nevada. he leads by seven points by romney's home away from home, new hampshire. those poll numbers causing the clock to tick and grow louder thousand. the first debate is five days away. >> do you think that he has the ability as a -- >> having debated him 15 or 17 times, yeah. >> he's a pretty good debater, isn't he? >> he's a better debater than any of the nominees on the ticket. >> how much will the debates matter? with iowa one of 30 states castingle balan casting ballots by the end of the month? >> do you know that mccain beat obama on election day, and obama got it in early voting. >> things can change overnight with a great debate performance, but again, mar
. >> todd akin at it again, new comments from the senate candidate put the gop back on the defense. hello, everyone. i'm alex witt in for thomas roberts. we'll get into the akin impact. tick-tock with 35 days to go. a new round of polling shows president obama now leads in nine key battleground states that could decide the race for the white house. the president holding a razor-thin edge over romney in north carolina and nevada. he leads by seven points by romney's home away from home,...
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is this the defense mechanism knowing he has a terrible record of shipping jobs? >> no doubt about it. this is out of the playbook. if you are weak, you attack for the same reason. that's what he is doing. this opponent that president obama is not at all weak on the issue. he is very, very strong on the issue and the republicans in the house of representatives are atrocious on dealing with china. there example after example. boehner and the republicans refuse to take up the currency issue. when the democrats controlled the house, we passed a chinese currency bill that would penalize china. boehner refuses to take it up. tax policy is another example. the big happens to be what you so well pointed out in your ads that has to do with making it in america and rebuilding the american base that we can do with good wise public policy. >> has president obama been doing a good job going after china on unfair trade practices? is it having an effect? were there 1,000 jobs saved? that of course is what is being reported. do you believe that? >> that and more. the president w
is this the defense mechanism knowing he has a terrible record of shipping jobs? >> no doubt about it. this is out of the playbook. if you are weak, you attack for the same reason. that's what he is doing. this opponent that president obama is not at all weak on the issue. he is very, very strong on the issue and the republicans in the house of representatives are atrocious on dealing with china. there example after example. boehner and the republicans refuse to take up the currency...
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romney is going to be swinging and obama is going to be on defense. he doesn't want to screw up. >> we'll leave the word with buzz feed ben. follow this show on twitt twitter @nowwithalex for news and updates you're not going to get anywhere else. check out alex wagner on twitter. thank, jeff, joan, nicolas and ben. that is all for us. alex wagner will be back monday, noon eastern, 9:00 pacific joined by john heilemann, "the huffington post's" ryan grim and "rolling stone's" eric baits. find all of us and show clips at facebook.com/now with alex. "andrea mitchell reports" is next. >> thanks so much. coming up next my interview with senator john kerry who has strong words for the romney campaign's claim to be debate underdogs. and for their criticism of president obama's relationship with israel. also joining me is israel's ambassador michael orrin, congressman keith ellison and rachel maddow. up next. ♪ something to me ♪ that nobody else could do [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- y
romney is going to be swinging and obama is going to be on defense. he doesn't want to screw up. >> we'll leave the word with buzz feed ben. follow this show on twitt twitter @nowwithalex for news and updates you're not going to get anywhere else. check out alex wagner on twitter. thank, jeff, joan, nicolas and ben. that is all for us. alex wagner will be back monday, noon eastern, 9:00 pacific joined by john heilemann, "the huffington post's" ryan grim and "rolling...
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the president is playing preevent defense but people like charles krauthammer are frustrated because they don't see a reaction to being behind in some sort of change. be angry. be a fighter. go big. whatever it is. they have to do something different i think in the expectation of the conservative press or people are going to start turning on them. >> yeah. joe, the debates, is that one area where he actually might do well? >> i think he'll do well in the debates. he is a very good debater. the president's own people will say, and they're not spinning, that the president's not that great in debates. he lost the majority of the debates to hillary clinton back in 2008. he is not good at boiling things down to sound bites and delivering a punch line. but sam stein, there is, though, a real concern among conservatives. you know, two weeks ago when i started, the huffington post picked up my comments. >> as always. >> early on. at that point i said oh, my god it's getting late. >> yeah. >> it's getting late. then "the wall street journal", peggy noonan and others followed but here we are t
the president is playing preevent defense but people like charles krauthammer are frustrated because they don't see a reaction to being behind in some sort of change. be angry. be a fighter. go big. whatever it is. they have to do something different i think in the expectation of the conservative press or people are going to start turning on them. >> yeah. joe, the debates, is that one area where he actually might do well? >> i think he'll do well in the debates. he is a very good...
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osama bin laden was dead so we could slash defense and pull out of afghanistan early and leave iraq entirely and now the narrative is in tatters. they had a huge personal political interest in maintaining that narrative. it was wrong to begin. it is wrong now and the president himself, even the day after his own director of counterintelligence, matthew olson said it is a terrorist act. this guy went on "the view" of all places to repeat the lie. >> and it is worse than that. he went before the u.n. i read his speech. he had three fat paragraphs mr. obama did trying to sell the video/spontaneous demonstration. still, that was, what, this past tuesday. >> correct. >> and remember, he and mrs. clinton went on tv in pakistan still apologizing for the video. they have so much invested in the notion that if we reach out, don't offend these people we will get along fine. it is ludicrous. it's a lie and the president of the united states needs to come before the american people and explain to them what did he know? when did he know it? and why has he and senior officials been lying. >> is jack jacob
osama bin laden was dead so we could slash defense and pull out of afghanistan early and leave iraq entirely and now the narrative is in tatters. they had a huge personal political interest in maintaining that narrative. it was wrong to begin. it is wrong now and the president himself, even the day after his own director of counterintelligence, matthew olson said it is a terrorist act. this guy went on "the view" of all places to repeat the lie. >> and it is worse than that. he...
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"outfront" tonight, defense attorney jonathan mandel. you represented johnny in two cases. can you tell us a bit about his behooifr? >> behavior with me was fine when he was in treatment and also in the twin towers facility. if you were asking, i think you were asking about his behavior that led to the charges? is that right? >> so, i just -- something just came in i want to read to you. we just spoke be with the los angeles county probation department. i'll quote them. they said on may 17th, probation report states johnny lewis suffers from some form of chemical dependsy, mental health issue and lack of permanent housing. given this, lewis will continue to be a threat to any community in which he may reside? do you agree with that? >> at the time, no and now, no. it may have turneded out that way, but what was known in may about johnny was that he had two fairly minor offenses, which were fortunately not serious. and he did have a diagnosis eventually of chemically induced si psicose sis is not what the situation was when we talked about it with the district attorneys and
"outfront" tonight, defense attorney jonathan mandel. you represented johnny in two cases. can you tell us a bit about his behooifr? >> behavior with me was fine when he was in treatment and also in the twin towers facility. if you were asking, i think you were asking about his behavior that led to the charges? is that right? >> so, i just -- something just came in i want to read to you. we just spoke be with the los angeles county probation department. i'll quote them....
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. >> did you ever have a defense attorney say to you you're not being ladylike there. you just did your job. >> good luck. >> you're qualified to be a senator and prove that this guy is not qualified for any position. thank you for joining us. >> thampgs so much. >> up next stephen colbert tackles the latest cry from the right. we just had the fox poll that says obama is ahead by 5. this is "hardball" a place for politics. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to g
. >> did you ever have a defense attorney say to you you're not being ladylike there. you just did your job. >> good luck. >> you're qualified to be a senator and prove that this guy is not qualified for any position. thank you for joining us. >> thampgs so much. >> up next stephen colbert tackles the latest cry from the right. we just had the fox poll that says obama is ahead by 5. this is "hardball" a place for politics. tdd#: 1-800-345-2550 let's talk...
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second touchdown of the game for the bears' defense. that's a linebacker. 24-7 there, only gets worse, tony romo in the fourth quarter tries to get something going, picked again by d.j. moore, also of vanderbilt university. romo threw a total of five interceptions. the only player in nfl history to throw five picks on monday night football twice in his career, cowboys fall 2-2, the bears are 3-1. >> does tony romo know mark sanchez? >> he made sanchez look good. he only had one interception the other day. >>> tigers can clinch a playoff spot with a win over the royals. sixth inning, miguel cabrera, solo home run to right field, his 44th of the year, sole possession of the lead in all three triple crown categories. he's vying to become the first triple crown winner since yaz did it for the red sox in 1967. tigers win 6-3. the front page of the detroit news, there in, tigers capture the division title in back-to-back seasons for the first time in more than 80 years. the white sox now out of the playoff picture. there's this great debate.
second touchdown of the game for the bears' defense. that's a linebacker. 24-7 there, only gets worse, tony romo in the fourth quarter tries to get something going, picked again by d.j. moore, also of vanderbilt university. romo threw a total of five interceptions. the only player in nfl history to throw five picks on monday night football twice in his career, cowboys fall 2-2, the bears are 3-1. >> does tony romo know mark sanchez? >> he made sanchez look good. he only had one...
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we'd have huge cuts not just in defense but across the board. and at a time when the economy is still slowly climbing out of that deep hole, it could put us right back in there, so it's very serious. i am an optimist. i think we're going to solve this problem in the lame duck, and here's why. it's sort of -- the people who have stood in the way, obviously this is my judgment, more than anybody else are the hard right republicans. but there are two groups in the senate and house of republicans. there are no more moderates, good bless susan collins, but there are mainstream conservatives like the man sitting here before me, john mccain, lamar alexander, lindsey graham, and the mainstream conservatives will want to make an agreement. and when romney embraced ryan and said i'm going the hard right way and loses the election, which if he does and it looks like he will, i believe he will, and i think by a significant margin, 52-48 or somewhere around there, the mainstream republicans are strengthened. and i'll tell you my view, both boehner and mcconn
we'd have huge cuts not just in defense but across the board. and at a time when the economy is still slowly climbing out of that deep hole, it could put us right back in there, so it's very serious. i am an optimist. i think we're going to solve this problem in the lame duck, and here's why. it's sort of -- the people who have stood in the way, obviously this is my judgment, more than anybody else are the hard right republicans. but there are two groups in the senate and house of republicans....
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. >> pass interference on the defense number 22. why don't they just let the man catch the ball? am i gh >> okay. i do not yet have a ruling on the eld do have this. all right. what do you think? >>ood morning. it's 8:00 a.m. on t eas t. an the west coast as you take a live look at new york city. back with us on set in new york, we've got steve ratner, andrea mitchell. t'ar qlyit the talout. refs. we have some breaking news and i got to tell you, little kates excited. 9 years old. she plays in the soccer league. and the parents have had to ref over the past couple weeks because thoseuys have ge to l. t cf now. >> that's great news. >> it happened late last night. the nfl and referees union announced they have reached a tentative agreement that will end the lockout and bring the original, the regar offiinew starting tonight. the deal good through the 2019 season features increase in average salary for officials. they'll go up to 205,000 a year by 2019. all kinds of things inside this deal. bottom line, joe, the nfl realed icoulhi anree after that debacle on monday night. the packe
. >> pass interference on the defense number 22. why don't they just let the man catch the ball? am i gh >> okay. i do not yet have a ruling on the eld do have this. all right. what do you think? >>ood morning. it's 8:00 a.m. on t eas t. an the west coast as you take a live look at new york city. back with us on set in new york, we've got steve ratner, andrea mitchell. t'ar qlyit the talout. refs. we have some breaking news and i got to tell you, little kates excited. 9 years...
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Sep 28, 2012
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defense, health care, transportation. >> we're significantly underweight defense for that reason. a lot of the programs they're working on, you know, tank problems are probably not the most relevant products. it's like cold war technology. we're underweight defense. that seems like the obvious one. i haven't thought of too many other sectors. >> the best single acting group in a presidential year since 1950 are the defense stocks. they always do best in the fourth year. they have had a big run since june. might be time to take a little off the table there. there will be a psychological move out of these because of the sequestration, which comes from the latin word for hide. >> i knew you'd get one in there. thanks, guys. >> we'll see you soon. >> heading toward the close, 15 minutes left. the last closing bell before the end of the quarter. the dow down 49 points. that selloff a moment ago, never mind. >> never mind. coming up in the next hour, he's the prime minister of one of the wealthiest nations of the world. he controls what qatar invests in. my interview with him and what h
defense, health care, transportation. >> we're significantly underweight defense for that reason. a lot of the programs they're working on, you know, tank problems are probably not the most relevant products. it's like cold war technology. we're underweight defense. that seems like the obvious one. i haven't thought of too many other sectors. >> the best single acting group in a presidential year since 1950 are the defense stocks. they always do best in the fourth year. they have...
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Oct 2, 2012
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why the pink slips haven't gone out because of the defense cuts. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ feedback ] attention, well, everyone. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. >>> our kudlow caucus is still with us. i don't think i said that before. i apologize as always. let me begin with you on this point. the defense contract. i go to you because you are from virginia. they are going to get killed by the budget cut. the law says that the contractors have to send out pink
why the pink slips haven't gone out because of the defense cuts. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ feedback ] attention, well, everyone. you can now try snapshot from progressive...
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Sep 27, 2012
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s numbers are how well it's doing at playing defense. we know that part of their strategy is discounting their products, hoping they can create somewhat of a moat around them and give them time to get blackberry 10 out. seems that defensive strategy is working better than a lot of people expected. their average selling price is not down as much as people expected. a number of analysts expected them to do worse than that $2.5 billion number. they got up to 2.9. what we're seeing here is the the defensive strategy. it remains to be seen now that the iphone 5 is out and the samsung galaxy iii is out in the channel. >> all right, john. thank you so much. stock up big, 14% higher on r.i.m. up next, europe is a mess. the u.s. and china are slowing down. where is global growth coming from? bob hormats is with me. >>> then, it seems like a number of americans are learning a bad habit from washington. we'll tell you which one next. e, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get h
s numbers are how well it's doing at playing defense. we know that part of their strategy is discounting their products, hoping they can create somewhat of a moat around them and give them time to get blackberry 10 out. seems that defensive strategy is working better than a lot of people expected. their average selling price is not down as much as people expected. a number of analysts expected them to do worse than that $2.5 billion number. they got up to 2.9. what we're seeing here is the the...
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Oct 1, 2012
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in the defense sector, there's a real opportunity for savings by reducing service contracts. they're at record high levels. you know, like any other business tightening its belt, reduce our cost for outside vendors. some of these things can be, "a" done more efficiently with oversight and fewer cost overruns but always just done more cheaply. >> why do you think this isn't being done now? >> everything we have in our report is actually a low-hanging fruit substantively, but politically we have no illusions that these are all easy. everybody's got their constituency they're going to support. so these are things -- we need leadership. we need people to say this is the right thing. evidence doesn't support continuing to spend money on the osprey which has a 6% effective rate in combat. we can't have our troops using equipment that doesn't work. let's stop paying for it. we can't give money to industries that are incredibly profitable. so let's stop just giving money to people who have land that used to be farmed. let's stop the programs we can no longer afford and don't pack a p
in the defense sector, there's a real opportunity for savings by reducing service contracts. they're at record high levels. you know, like any other business tightening its belt, reduce our cost for outside vendors. some of these things can be, "a" done more efficiently with oversight and fewer cost overruns but always just done more cheaply. >> why do you think this isn't being done now? >> everything we have in our report is actually a low-hanging fruit substantively,...
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Oct 1, 2012
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brian belski, you don't consider your play a defensive play that you like right now. in the categories where you like the dividends, where do you like? consumer staples? where do you play it? industrials? >> we're overweight staples, industrials, tech and energy because those are the companies with great cash flow, great earnings consistency, oh, by the way, many of those companies are growing their dividends. it's a great kind of wrap-up it up into one party. >> the key is dividend growth. great to see you. that is first hour of "the closing bell." don't go
brian belski, you don't consider your play a defensive play that you like right now. in the categories where you like the dividends, where do you like? consumer staples? where do you play it? industrials? >> we're overweight staples, industrials, tech and energy because those are the companies with great cash flow, great earnings consistency, oh, by the way, many of those companies are growing their dividends. it's a great kind of wrap-up it up into one party. >> the key is dividend...
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if you looked at durables, even if you stripped out defense and transportation, it was still a very weak number. that was the third down month in a row we had seen on that. that's not a good sign. >> so are things worsening? >> in my view, they are. the employment situation is as bad as it was in 2009. i like the employment to population ratio. that has only moved one-tenth of a percent higher since its worst print in 2009. >> yet, you don't want to get in front of this train that is the stock market with the central bank easing. >> i would disagree with that. don't fight the fed. you should be fighting the fed at this point. i look at double-digit returns. you don't get double-digit returns every day when you have these kinds of structural head winds ahead of you. we've been very actively doing what we can control, which is trimming portfolios into these rallies, taking risk off the table all year long. so when you say don't fight the fed, that's really a short-term phenomenon. >> really? >> to me it's a great opportunity. >> i don't know if ben bernanke -- he makes it sound like it's g
if you looked at durables, even if you stripped out defense and transportation, it was still a very weak number. that was the third down month in a row we had seen on that. that's not a good sign. >> so are things worsening? >> in my view, they are. the employment situation is as bad as it was in 2009. i like the employment to population ratio. that has only moved one-tenth of a percent higher since its worst print in 2009. >> yet, you don't want to get in front of this train...
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Sep 25, 2012
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it cout thhe priden was a littleoo cool i don't think in his defense for a minute heould sayt the murder of an ambassador and other american personnel, much th otherolks who haied in thatregion, is just a bump in the road. i think what he' is show everydy thate're on this, the united states is doing we a you think that's a kind of typical no drama obama response. >> alex, is that whatt heco hea? >> thinkthere's something to that, but i think there'slso president's gattrenis that is his ntellect. he l inside his head and his ideas. and part o is heboss, bill clinton, butsñ he canemorize a udy about it, you know. people are distant frois ident. there's a certain sense of arrogance to this white house that they're just detached from it and i think that's vulnerability. have two elite cndid hese anca barack obama, running against finaial elite. so the middle class isup grabs here. >> alex, i want to ask you about e kendwee i saou tweet over you said when i see rne he looks like a candidate. when i see obama he looks like presiden this should not be hard t fix, soix it. what do you mean? was
it cout thhe priden was a littleoo cool i don't think in his defense for a minute heould sayt the murder of an ambassador and other american personnel, much th otherolks who haied in thatregion, is just a bump in the road. i think what he' is show everydy thate're on this, the united states is doing we a you think that's a kind of typical no drama obama response. >> alex, is that whatt heco hea? >> thinkthere's something to that, but i think there'slso president's gattrenis that is...
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. >> defense. >> it could also impact the commercial airline industry as well. >> see ma, thanks as always. final trades, next. irbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> welcome back. let's do final trades. >> toll brothers has been a performer. it popped off the ism number. wait for the $34 range in the name. >> i still like apple here. i think $650
. >> defense. >> it could also impact the commercial airline industry as well. >> see ma, thanks as always. final trades, next. irbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. [ male announcer ] the exceedingly nimble,...
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he talked about his tax cut plan defensively. he was pulling back on it saying you're not going to get a big tax cut here because every dollar we give in you rate reduction we'll take away a deduction from you. that's not the way it to sell a tax cut. it's putting more money in people's pockets and be inning incentives. i want to see mitt romney that is much more bold and much more confident in his program. i wonder whether mitt romney even believes in the tax cut or whether it was just forced upon him. >> that is a key question. i'll go to phil mus musser on that. steve moore oig writes that the new income numbers come out and we've lost about $4500 during obama's presidency. in the month of august, we lost another 500 bucks. the reason i cite that is if you have more take home pay from lower middle class tax rates which is in romney's plan if he believes in it, that gets people through the income problem. that's why this thing should work. now, how is it that mitt romney can't get that message down? how is it that he can't expl
he talked about his tax cut plan defensively. he was pulling back on it saying you're not going to get a big tax cut here because every dollar we give in you rate reduction we'll take away a deduction from you. that's not the way it to sell a tax cut. it's putting more money in people's pockets and be inning incentives. i want to see mitt romney that is much more bold and much more confident in his program. i wonder whether mitt romney even believes in the tax cut or whether it was just forced...
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Sep 25, 2012
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i don't think in his defense for a minute he would say that the murder of an ambassador and other american personnel, much less all the other folks who have died in that region, is just a bump in the road. i think what he's trying to do is show everybody that we're on this, the united states is doing well and you know, i think that's a kind of typical no drama obama response. >> alex, is that what it is, the cool head of the president? >> i think there's something to that, but i think there's also a little more, and that is that this president's great strength is his intellect. he lives inside his head and his ideas. and part of it is he doesn't really feel your pain like paul's former boss, bill clinton, but he can memorize a study about it, you know. people are distant from this president. there's a certain sense of arrogance to this white house that they're just detached from it and i think that's a vulnerability. we have two elite candidates running forment. we have an academic elite, barack obama, running against financial elite. so the middle class is up for grabs here. >> alex, i wa
i don't think in his defense for a minute he would say that the murder of an ambassador and other american personnel, much less all the other folks who have died in that region, is just a bump in the road. i think what he's trying to do is show everybody that we're on this, the united states is doing well and you know, i think that's a kind of typical no drama obama response. >> alex, is that what it is, the cool head of the president? >> i think there's something to that, but i...
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why were you so loyal and came to mark's defense so quickly? >> i think it was -- there were two reasons. one, mark is a friend. the other is look what mark did when he was at hp. people forget how much trouble hp was in when he took over. what a spectacular job he did over that five-year period at hp. you can look at the results. it's a little bit like looking at the apple results. you know, hp without mark herd. hp with mark herd. hp without mark herd. same thing with apple. apple with steve jobs. apple without steve jobs. apple with steve jobs. so it leadership important? i think it's really important. i think the board made a terrible mistake, turned out to be a huge disservice to hp employees. the company hp i love. everyone who's raised in silicon valley thinks of hp as an icon. they deserve the best leadership, and mark was providing it. these guys aren't easy to replace. >> and you're providing it here. i don't even want to think about oracle without larry ellison. >> well, again, we have a lot of depth. now we have mark. you guys don't
why were you so loyal and came to mark's defense so quickly? >> i think it was -- there were two reasons. one, mark is a friend. the other is look what mark did when he was at hp. people forget how much trouble hp was in when he took over. what a spectacular job he did over that five-year period at hp. you can look at the results. it's a little bit like looking at the apple results. you know, hp without mark herd. hp with mark herd. hp without mark herd. same thing with apple. apple with...
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more growth-oriented equities than more of the defensive names. but those growth equities that have supportable dividends. and are leveraged toward future economic growth. and i would have some money in bonds to guard against inflation, recession, double dip, worries about a fiscal cliff and a recession that could cause and some of those issues we really have a lot of uncertainty at this point. >> for those of you watching at home and think you want us to go into growth-orientated stocks. also the recent economic data like the durable goods today. are we sliding backwards economically speaking? >> we're longer-term investors. i view it as longer-term opportunities. some of the defensive names have run up quite a bit for a lot of reasons that were given. so there's some opportunity in some of the more leveraged, higher-growth, higher beta, higher volatility types of names out there. >> does that mean -- we'll get back to you in a second, but i want to follow up with you, michael on that. are you selling some of the miners? i know you like b.h.p. bi
more growth-oriented equities than more of the defensive names. but those growth equities that have supportable dividends. and are leveraged toward future economic growth. and i would have some money in bonds to guard against inflation, recession, double dip, worries about a fiscal cliff and a recession that could cause and some of those issues we really have a lot of uncertainty at this point. >> for those of you watching at home and think you want us to go into growth-orientated stocks....
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it is a good defensive name. it is going to return a lot of cash to share holders and we like that. >> i want to broaden it out and go a little macro. i know you prefer stocks to bonds in this environment. let me take the other side and say we have global quantitative easing. wouldn't it be better doing what the central banks are doing and getting the capital appreciation? >> we don't disagree. certainly we want to be in line with what the central banks are doing. if the treasury bond is buying treasuries it is good to be a treasury holder. what is going to happen when the central bank buying turns off? we think stocks are going to be well positioned in a modern inflation environment. and the bigger risk, deflation is a very probability. a bigger risk is higher inflation in the future in which case cash and bonds do poorly. we need to be in gold and commodities and real assets. we are building our portfolios to reflect the probability of these different destinations. our biggest scenario is one of moderate inflat
it is a good defensive name. it is going to return a lot of cash to share holders and we like that. >> i want to broaden it out and go a little macro. i know you prefer stocks to bonds in this environment. let me take the other side and say we have global quantitative easing. wouldn't it be better doing what the central banks are doing and getting the capital appreciation? >> we don't disagree. certainly we want to be in line with what the central banks are doing. if the treasury...
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audience that devastating job losses were coming if congress and the president go through with the defense cuts called sequestration. >> the impact will be immediate and significant here in virginia. 136,000 jobs will be lost in virginia as a result of this move. >> and though romney wanted to focus on defense cuts, he couldn't avoid questions on the 47% comment. he was forced to defend himself in a series of local television interviews. >> is there a clarification you would offer to voters about what you meant? >> my campaign is about 100% of americans. my whole effort in running for president is to help those people that are struggling the most. this campaign and frankly my presidency if i become president is about helping people in the middle class have a better chance of making ends meet. >> of course, the president is hammering romney on the 47% remark. he is on the air with the third ad on the comment and it is brutal. it is the second time the president put out an ad narrated by romney. the first was america the beautiful ad. look at the new one. >> 47% of the people will vote for t
audience that devastating job losses were coming if congress and the president go through with the defense cuts called sequestration. >> the impact will be immediate and significant here in virginia. 136,000 jobs will be lost in virginia as a result of this move. >> and though romney wanted to focus on defense cuts, he couldn't avoid questions on the 47% comment. he was forced to defend himself in a series of local television interviews. >> is there a clarification you would...
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defensive nature to the sectors that were doing well today. the classic defensive plays, health care and utilities leading the way followed by everybody's favorite these day, telecom, because of that dividend play. the financials are squeaking out a gain at the close. peter costa, what do you make of this late comeback? >> we've seen the last few days where the market's been up and sold off towards the end of the day. this is just a reversal. i think towards the end of the day we've seen a lot of reversals. you know, short positions being covered. >> the spanish, we believe they'll eventually ask for help from the european central bank. >> get it over with. >> what does the market do when that finally happens? >> well, i think there will be a sigh of relief. one of the question marks that's been overhanging the market for the last six months will be answered. i would imagine it would be not fully answered, but it will be answered. i think the market will probably rally after that. i guess we'll go to earnings season and follow it through there
defensive nature to the sectors that were doing well today. the classic defensive plays, health care and utilities leading the way followed by everybody's favorite these day, telecom, because of that dividend play. the financials are squeaking out a gain at the close. peter costa, what do you make of this late comeback? >> we've seen the last few days where the market's been up and sold off towards the end of the day. this is just a reversal. i think towards the end of the day we've seen...